Debt peonage in postbellum Georgia

Research output: Contribution to journalArticle

13 Citations (Scopus)

Abstract

Descriptions of the postbellum South vary. Farmers either were postharvest debt peons, were subject to "seasonal credit peonage" to a monopolistic store, or relied on seasonal credit from stores that faced spatial competition. Analysis of Georgia Agricultual Departmenta data shows that postharvest debt peonage was not a major problem in the 1880s. Most other results are consistent with both monopolistic and competitive views of the stores. Increases in income reduced indebtedness; and reliance on purchased supplies increased the likelihood of indebtedness and of future reliance on purchased supplies. Past reliance on purchased supplies, however, did not affect the crop mix.

Original languageEnglish (US)
Pages (from-to)219-236
Number of pages18
JournalExplorations in Economic History
Volume26
Issue number2
DOIs
StatePublished - 1989
Externally publishedYes

Fingerprint

Debt
Reliance
Indebtedness
Credit
Post harvest
Farmers
1880s
Income
Crops
Spatial competition

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

Debt peonage in postbellum Georgia. / Fishback, Price V.

In: Explorations in Economic History, Vol. 26, No. 2, 1989, p. 219-236.

Research output: Contribution to journalArticle

@article{cf6bbf087e1641128a5371c4e9f49b86,
title = "Debt peonage in postbellum Georgia",
abstract = "Descriptions of the postbellum South vary. Farmers either were postharvest debt peons, were subject to {"}seasonal credit peonage{"} to a monopolistic store, or relied on seasonal credit from stores that faced spatial competition. Analysis of Georgia Agricultual Departmenta data shows that postharvest debt peonage was not a major problem in the 1880s. Most other results are consistent with both monopolistic and competitive views of the stores. Increases in income reduced indebtedness; and reliance on purchased supplies increased the likelihood of indebtedness and of future reliance on purchased supplies. Past reliance on purchased supplies, however, did not affect the crop mix.",
author = "Fishback, {Price V}",
year = "1989",
doi = "10.1016/0014-4983(89)90011-9",
language = "English (US)",
volume = "26",
pages = "219--236",
journal = "Explorations in Economic History",
issn = "0014-4983",
publisher = "Academic Press Inc.",
number = "2",

}

TY - JOUR

T1 - Debt peonage in postbellum Georgia

AU - Fishback, Price V

PY - 1989

Y1 - 1989

N2 - Descriptions of the postbellum South vary. Farmers either were postharvest debt peons, were subject to "seasonal credit peonage" to a monopolistic store, or relied on seasonal credit from stores that faced spatial competition. Analysis of Georgia Agricultual Departmenta data shows that postharvest debt peonage was not a major problem in the 1880s. Most other results are consistent with both monopolistic and competitive views of the stores. Increases in income reduced indebtedness; and reliance on purchased supplies increased the likelihood of indebtedness and of future reliance on purchased supplies. Past reliance on purchased supplies, however, did not affect the crop mix.

AB - Descriptions of the postbellum South vary. Farmers either were postharvest debt peons, were subject to "seasonal credit peonage" to a monopolistic store, or relied on seasonal credit from stores that faced spatial competition. Analysis of Georgia Agricultual Departmenta data shows that postharvest debt peonage was not a major problem in the 1880s. Most other results are consistent with both monopolistic and competitive views of the stores. Increases in income reduced indebtedness; and reliance on purchased supplies increased the likelihood of indebtedness and of future reliance on purchased supplies. Past reliance on purchased supplies, however, did not affect the crop mix.

UR - http://www.scopus.com/inward/record.url?scp=38249021905&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=38249021905&partnerID=8YFLogxK

U2 - 10.1016/0014-4983(89)90011-9

DO - 10.1016/0014-4983(89)90011-9

M3 - Article

AN - SCOPUS:38249021905

VL - 26

SP - 219

EP - 236

JO - Explorations in Economic History

JF - Explorations in Economic History

SN - 0014-4983

IS - 2

ER -